Joining the company in August 2016, Gundersen is set to leave Zalora at the end of May this year

Fashion e-commerce company Zalora today announced the resignation of its Group CEO Parker Gundersen.

Citing undisclosed personal reasons, Gundersen is set to leave the company at the end of May.

Zalora is yet to announce the replacement for Gundersen, who joined the company in August 2016 with more than 15 years of experience in retail. Prior to joining Zalora, he was working at DFS Group, the travel retail subsidiary of Moët Hennessy Louis Vuitton.

“ZALORA’s evolution as a fashion platform is unrivaled in the region and is a testament to the great progress we have made improving our product offering, building stronger relationships with our brand partners and strengthening our positioning in the market. I want to thank the team for all of the hard work getting ZALORA to where it is today and wish them continued success moving forward,” Gundersen said in a press statement.

A Zalora spokesperson told e27 that the search for Gundersen’s replacement is currently underway and will be announced once he or she has been named.

He also further explained that Gundersen plans to spend more time with his family following his resignation.

Also Read: ShopBack recruits ex-MD of Zalora SE Asia as CCO to lead regional expansion

The year 2016 was proven to be a colourful one for Zalora’s operations in the Southeast Asian region.

In April 2016, it confirmed the sales of its Vietnam and Thailand operations, reportedly to retail giant Central Group.

In February 2017, Philippines conglomerate Ayala Group purchased 49 per cent of the company’s operations in the country.

In a previous interview with e27, Gundersen refuted rumour that the company is selling its business in Indonesia.

He also stressed that the acquisition of its Philippines operations was of a “very different” situation with its operations in Vietnam and Thailand.

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Image Credit: Zalora

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